Background

Mr. Edgar Miles Bronfman, Jr. has been Chief Executive Officer at WMG Acquisition Corp. since March 1, 2004. Mr. Bronfman serves as a Managing Partner of Accretive, LLC. He was a General Partner at the firm. He served as the Chief Executive Officer of Warner Music Group Inc. at Warner/Chappell Music, Inc. from March 3, 2004 to August 19, 2011. During Mr. Bronfman’s tenure, WMG was named one of Fortune Magazine’s “Most Admired Companies” in 2007, the first music company ... ever to receive the honor and, in 2009, was recognized as one of the “The World’s 50 Most Innovative Companies by Fast Company magazine. He served as the Chief Executive Officer and Chairman at Lexa Partners LLC. Prior to this, he served as the President and Chief Executive Officer at The Seagram Co. Ltd. since June 1994. Bronfman was also in charge of Seagram's subsidiaries in Europe and was the chief architect behind the leadership positions achieved by Universal's entertainment business in music, film, and recreation. From 1989 to June 1994, he served as the President and Chief Operating Officer at Seagram. He was employed at Vivendi Universal Holding I Corp. He was a Promotor of Scandent Group Limited. He served as Executive Vice Chairman of Vivendi Universal from December 2000 to December 2, 2003 and as an Executive until March 31, 2002. He joined Seagram as an Assistant to the office of the Chairman at the Seagram Company Ltd. and Joseph E. Seagram & Sons, Inc. He has occupied various management positions notably that of the Chairman of the House of Seagram. He serves as Chairman at AlphaStaff Group, Inc. and Director of Arise, Accumen, and Everspring. Mr. Bronfman serves as the Executive Chairman of Global Thermostat, LLC. He serves as the Chairman at Endeavor Global. He served as the Chairman of WMG Acquisition Corp. since March 1, 2004 and serves as its Director. He serves as the Chairman of Accolade, Inc. and co-Chair of Insureon. Mr. Bronfman has been a Director at Snupps Inc. since June 9, 2014; IAC/InterActiveCorp. (formerly U.S. Interactive) since February 1998 and Accretive Health, Inc. since October 2006. He serves as a Director at Frank Sinatra Enterprises, LLC, Fandango, LLC, AlphaStaff, and NewRoads Inc. He is a Member of National Advisory Board at JPMorgan and the Council on Foreign Relations. He also serves on the Boards of New York University Medical Center, New York University Elaine A. and Kenneth G. Langone Medical Center, The Collegiate School, The Wharton School of University of Pennsylvania, and the Board of Governors of The Joseph H. Lauder Institute of Management & International Studies at the University of Pennsylvania. Mr. Bronfman served as the Chairman of Board at Warner Music Group Corp., from March 1, 2004 to January 31, 2012 and served as its Director since March 2004. He served as Co-Chairman of Asprey London Limited. He served as the Chairman at Equitant Inc., and served as its Director since October 2001. He served as a Vice Chairman of Vivendi Société Anonyme until December 3, 2003. Mr. Bronfman served as a Co-Chairman and Director at Asprey International Limited (formerly A&G Group Limited). He served as a Director of Vivendi Société Anonyme from 2000 to December 2003. He served as a Director of Interactive Network, Inc. and Accretive Commerce, Inc. From 1981 to 1995, he served as a Member of the Board of Directors of Du Pont (E.I.) De Nemours & Co. He served as a Director at Seagram Co. Ltd. since 1988. Mr. Bronfman plays a leading role in global Jewish affairs serving, inter alia, as the President of the World Jewish Congress.

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